Fanil Agliullin held a regular meeting on taxation of land plots with the type of permitted use of individual housing construction

4 December 2020, Friday

Today, Minister of Land and Property of the Republic of Tatarstan Fanil Agliullin held a regular meeting on taxation of land plots with the type of permitted use of individual housing construction owned by legal entities and individuals. The meeting was attended by the head of the Chamber of Land and Property affairs and heads of some rural settlements of the Zelenodolsky municipal district of the Republic of Tatarstan.

The Tax Code introduced from January 1, 2020 a tax rate of 1.5% when taxing plots with the type of permitted use for individual housing construction used in business. Now the rate does not exceed 0.3% on average. Increased rates apply to individuals and organizations that have purchased land plots for subsequent sale in order to generate profit.

The meeting analyzed the list of land plots to be sent to the Tax Service for the application of an increased land tax rate.

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